Last updated on NOVEMBER 11, 2015
Applies to:JD Edwards EnterpriseOne Procurement and Subcontract Management - Version 9.0 to 9.0 [Release 9.0]
Information in this document applies to any platform.
On : 9.0 version, Procurement
Voucher Match (P4314)
When a J line type item is received with taxes but the 3-way match voucher is created with no taxes, the tax amount that was debited to the expense account during PO Receipt Entry (P4312) is not getting reversed during Voucher Match (P4314). Instead the amount is getting credited to the AAI 4350 account.
The issue can be reproduced at will with the following steps:
1. Create a J-Line type PO with Sales Taxes (P4310)
2. Receive the J line type PO (P4312) and check journal entries
a. Expense Account Debited for Expense Amount plus Tax Amount
b. Received Not Vouchered Credited for Expense Amount
c. AAI 4355 Tax Variance account credited for Tax Amount
3. Vendor Invoice is received with no taxes on it.
4. Create the 3-Way Match Invoice (P4314) with no sales taxes and post the voucher
a. Received Not Vouchered is correctly debited for the Expense Amount Plus the Tax Amount.
b. Tax Amount that was debited in PO Receipts (P4312) was not reversed
c. AAI 4350 Tax Expense account is incorrectly credited.
The issue has the following business impact:
Accounting is wrong. Amount hits use tax account instead of reducing the net amount recorded as expenses. Expense is overstated in P&L and use tax account is incorrect.
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